Derive DRV
Rank #125 by market cap
Last 7 days
CM Profile: Derive
Cryptominium Profile. What we have established, measured and written about DRV, and what we have not.
- Measured
- Selling $100,000 on 2 exchange order books lost between 1.50% and 1.86%, on 13 October 2026.
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold DRV. How each part is worked out
What changed
Week to 13 OctoberNothing we measure moved much this week: trading volume, reported supply and price are all within their usual range.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell DRV
Selling $100,000 of DRV into each exchange’s resting bids, measured against the mid price:
| Exchange | Lost | Got back | Measured |
|---|---|---|---|
| Kraken DRV/USD | 1.50% | $98,495 | 2026-10-13 |
| Coinbase DRV/USD | 1.86% | $98,137 | 2026-10-13 |
Exchange figures need an account there (and KYC, a permitted country, the tokens already deposited), are before trading fees, and are never averaged with the on-chain figure. Binance is not included: it refuses requests from the region our servers are in. How this is measured →
Watch this number instead of remembering it. A free account keeps DRV on a list, records where it stood the day you added it, and emails you if selling it on these exchanges gets materially harder — one message, not a series. The measurement itself stays public; the account is for being told when it moves without you looking.
What Derive is
Derive is a decentralized protocol for programmable onchain options, perpetuals, and structured products. It runs on Derive Chain, an Ethereum rollup built with the OP stack, which serves as the home of the Derive Protocol — a permission-less smart contract platform.
The Derive DAO, governed by holders of the DRV token, earns trading fees from the Derive Protocol and gas fees from Derive Chain. Those trading fees flow into an insurance fund meant to backstop the protocol and rollup. Separately, Derive has built an AI-powered trading app aimed at professional traders, developed in collaboration with Messari. Called Derive Pro, it translates stated market views into trades, then prepares the transactions using smart contract wallets so trades can be executed one-click, gasless, and chainless. The app is intended to support spot, perpetuals, and options trading on Derive, with connections to spot AMMs on other L2s including Optimism, Arbitrum, and Base.
DRV is a governance token tied to a specific protocol and rollup; its value depends on continued trading activity and fee generation on Derive Chain, not on an independent revenue stream. CoinGecko classifies it across several overlapping categories — smart contract platform, DeFi, derivatives, options, perpetuals — which signals a broad, still-forming product scope rather than a single settled use case. The protocol is deployed across multiple chains (Arbitrum, Base, Ethereum, HyperEVM, Hyperliquid, Optimism), which extends its reach but also multiplies the number of environments in which it must function correctly. The AI trading app is a stated capability of the ecosystem, not a property of the token itself, and nothing in the source indicates who founded the project or when it launched.
Where DRV lives
On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
Derive data synced 4m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell DRV.